Locusts, climate loss and inequality In the summer of 2020, when the world was reeling from the COVID-19 pandemic, Kenya and other drought-stricken countries in East Africa were hit by a plague of locusts. It was a truly biblical moment. Millions of these voracious insects…
Some years back, I went to visit a friend of mine from college who was staying with a very rich author whilst completing an internship in London. He lived in a massive house in Battersea, a rich area next to the river Thames. Looking round…
In our latest blog for Davos 2023, Amitabh Behar introduces the India supplement to Oxfam’s Davos report, which reveals how just 5% of Indians own more than 60% of the country’s wealth, while the bottom half of the population have 3% In the past three years the…
Corporations that dominate food and fuel markets have been using the war and pandemic as a smokescreen to bump up their prices much more than their costs. Oxfam’s Alex Maitland explains how increased corporate profits have driven at least half of inflation. Open an economics…
How do the wealthy get away with paying a lower percentage of their income and wealth in taxes than ordinary people? A big part of the answer is that many of their fortune streams – from dividends to inheritance – are chronically undertaxed, says Chiara…
Around the world it seems the pandemic and surging food and fuel prices have actually boosted the wealth of the super-rich, even as they pushed hundreds of millions of ordinary people into misery and penury, says Anthony Kamande in our second blog for Davos 2023….
